Dean witter stock broker salary

By: Feijoa Date: 09.06.2017

Christopher Paul Gardner born February 9, is an American businessman, investor, stockbroker , motivational speaker , author, and philanthropist who, during the early s, struggled with homelessness while raising his toddler son, Christopher Gardner, Jr. Then in , just before his wife's death, she challenged him to find true happiness and fulfillment in the remainder of his life. He now travels all over the world days a year as a motivational speaker.

Gardner has spoken in over 50 countries. Gardner was born in Milwaukee, Wisconsin on February 9, , to Thomas Turner and Bettye Jean Gardner. He was both the second child and the only boy born to Bettye Jean. His older half-sister, Ophelia, is from a previous union.

His younger sisters, Sharon and Kimberly, are children from his mother's marriage to Freddie Triplett.

Gardner did not have many positive male role models as a child, as his father was living in Louisiana during his birth, and his stepfather was physically abusive to both his mother and his sisters. Triplett's fits of rage made both Gardner and his sisters constantly afraid.

Life of a Stockbroker

When Gardner was eight years old, he and his sisters returned to foster care for the second time when their mother, unbeknownst to them, was convicted of trying to kill Triplett by burning down the house while he was inside.

While in foster care, Gardner first became acquainted with his three maternal uncles: Archibald, Willie, and Henry. Of the three, Henry had the most profound influence on him, entering Gardner's world at a time when he most needed a positive father figure.

However, Henry drowned in the Mississippi River when Chris was nine years old. Despite both her very unhappy marriage and her periods of absence, Bettye Jean was a positive source of inspiration and strength to her son Chris.

dean witter stock broker salary

She encouraged Gardner to believe in himself and sowed the seeds of self-reliance in him. Gardner quotes her as saying, "You can only depend on yourself.

The cavalry ain't coming.

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Inspired by his Uncle Henry's worldwide adventures in the U. Navy , Gardner decided to enlist when he finished secondary schooling. He was stationed at Camp Lejeune in North Carolina for four years, where he was assigned as a medical corpsman. He became acquainted with a decorated San Francisco cardiac surgeon , Dr. Robert Ellis, who offered Gardner a position assisting him with innovative clinical research at the University of California Medical Center and Veterans Administration Hospital in San Francisco.

Gardner accepted the position, and moved to San Francisco upon his discharge from the Navy in Over the course of two years, he learned how to manage a laboratory and to perform various surgical techniques. By , he had been given full responsibility for a laboratory and had co-authored several articles with Dr. Ellis that were published in medical journals. On June 18, , Chris Gardner married Sherry Dyson, a Virginia native and an educational expert in mathematics.

With his knowledge, experience and contacts within the medical field, it appeared Gardner had his medical career plans laid out before him. However, with ten years of medical training ahead of him and with changes in health care just on the horizon, he realized that the medical profession would be vastly different by the time he could practice medicine.

Gardner was advised to consider more lucrative career options; a few days before his 26th birthday, he informed his wife, Sherry, of his plans to abandon his dreams of becoming a physician. His relationship with Sherry was detached, in part because of his decision to abandon a medical career and also due to differences in their behavior. While still living with Sherry, he began an affair with a dental student named Jackie Medina, and she became pregnant with his child only a few months into the affair.

After three years of marriage to Sherry, he left her to move in with Jackie and to prepare for fatherhood. Nine years elapsed before he and Sherry were legally divorced in Their son, Christopher Jarrett Gardner, Jr. Gardner worked as a research lab assistant at UCSF and at the Veterans' Hospital after leaving the service.

dean witter stock broker salary

After four years, he quit these jobs and doubled his salary by taking a job as a medical equipment salesman. Prompted by his son's inquiries about his own father, Gardner had previously been able to track down his biological father via telephone.

With a higher income from his new job, Gardner was able to save enough money to travel to Monroe, Louisiana , where he and his son met his own father, Turner, for the first time.

Gardner returned to San Francisco determined to succeed at business. A pivotal moment in his life occurred, after a sales call to a San Francisco General Hospital , when he encountered an impeccably-dressed man in a red Ferrari. Curious, Gardner asked the man about his career.

The man told him he was a stockbroker and, from that moment on, Gardner's career path was decided. The stockbroker in the red Ferrari was a man named Bob Bridges. He met with Gardner and gave him an introduction to the world of finance. Bridges organized meetings between Gardner and branch managers at the major stock brokerage firms that offered training programs—such as Merrill Lynch , Paine Webber , E. Hutton , Dean Witter Reynolds and Smith Barney.

For the following two months, Gardner cancelled or postponed his sales appointments and his car amassed parking tickets while he met with managers. It appeared that Gardner got his "break" when he was accepted into a training program at E. He subsequently quit his sales job so that he could dedicate his time exclusively to training as a stockbroker. Then he appeared at the office ready to work, only to discover that his hiring manager had been fired the week before.

To make matters worse, Gardner's relationship with Jackie was falling apart. According to Gardner, the police witnessed an incident in which Jackie was running away with Chris Jr.

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Gardner was apprehended initially for this incident, but an identity check on his car license plate led them to detain him for non-payment of parking fines. Gardner returned home from jail to find his apartment empty.

With no experience, no college education, virtually no connections, and with the same casual outfit he had been wearing on the day he was taken into custody, Gardner gained a position in Dean Witter Reynolds ' stock brokerage training program.

However, this offered no salary; apart from selling medical equipment that brought in — dollars a month in the early s, and with no savings, he was unable to meet his living expenses. Gardner worked to become a top trainee at Dean Witter Reynolds. He arrived at the office early and stayed late each day, persistently making calls to prospective clients with his goal being calls per day.

His perseverance paid off when, in , Gardner passed his Series 7 Exam on the first try and became a full employee of the firm. About four months after Jackie disappeared with their son, she returned and left him with Gardner. By then, he was earning a small salary and was able to afford rooming in a flophouse.

He willingly accepted sole custody of his child; however, the rooming house where he lived did not allow children. Although he was gainfully employed, Gardner and his son secretly struggled with homelessness while he saved money for a rental house in Berkeley.

Meanwhile, none of Gardner's co-workers knew that he and his son were homeless in the Tenderloin District of San Francisco for nearly a year.

Gardner often scrambled to place his child in daycare , stood in soup kitchens and slept wherever he and his son could find safety—in his office after hours, at flophouses, motels, parks, airports, on public transport, and even in a locked bathroom at a BART station. Concerned for Chris Jr.

Williams agreed without hesitation. So, if anything, I remember us just moving, always moving. After Gardner had found a home, he resumed contact with Jackie and had a second child with her in — a daughter named Jacintha. After Gardner sold his small stake in Gardner Rich in a multimillion-dollar deal in , he became CEO and founder of Christopher Gardner International Holdings , with offices in New York, Chicago, and San Francisco.

Gardner is reportedly developing an investment venture with South Africa that will create hundreds of jobs and introduce millions in foreign currency into the nation. Gardner has declined to disclose details of the project citing securities laws. Gardner is a philanthropist who sponsors many charitable organizations, primarily the Cara Program and the Glide Memorial United Methodist Church in San Francisco, where he and his son received desperately needed shelter.

He makes himself available for permanent job placement assistance, career counselling and comprehensive job training for the homeless population and at-risk communities in Chicago.

Dedicated to the well-being of children through positive paternal involvement, Gardner serves on the board of the National Fatherhood Initiative NFI. In , Gardner received the Father of the Year Award from the NFI. He also receive the 25th Annual Humanitarian Award from the Los Angeles Commission on Assaults Against Women LACAAW , and the Friends of Africa Award from the Continental Africa Chamber of Commerce.

In , he spoke at his daughter's graduation from Hampton University. In the film, "happiness" is misspelled as "happyness" outside the daycare facility Gardner's son attends. The movie, starring Will Smith , Thandie Newton and Smith's son Jaden Smith , focused on Gardner's nearly one-year struggle with homelessness. As a result, it earned Will Smith an Academy Award -Nomination for Best Actor.

The movie took some liberties with Gardner's true life story. Certain details and events that actually took place over the span of several years were compressed into a relatively short time and although eight-year-old Jaden portrayed Chris Jr. Chris Gardner reportedly thought Smith—an actor best known for his performances in action movies—was miscast to play him. However, he said his daughter Jacintha "set him straight" by saying, "If Smith can play Muhammad Ali , he can play you!

Gardner and Will acknowledge each other; Will then looks back at Gardner walking away as his son proceeds to tell him knock knock jokes.

In the hope Gardner's story would inspire the down-trodden citizens of Chattanooga, Tennessee to achieve financial independence and to take greater responsibility for the welfare of their families, the mayor of Chattanooga organized a viewing of the film for the city's homeless.

Gardner was noticeably absent from the movie's premiere on December 15, He chose, instead, to be the guest inspirational speaker at a Christmas party for JHT Holdings, Inc.

Gardner was featured in the Canadian documentary Come on Down: Searching for the American Dream , [19] where he spoke about the American Dream at his office in downtown Chicago. The documentary also featured Bob Barker and Hunter S. Gardner was a keynote speaker at a National Agents Alliance NAA Leadership Conference in Gardner also made a cameo appearance in the comedy film The Promotion , where he played a community leader.

From Wikipedia, the free encyclopedia. For the Canadian curler, see Chris Gardner curler. For the former Major League Baseball pitcher, see Chris Gardner baseball. The Pursuit of Happyness. The Oprah Winfrey Show TV Show. Archived from the original on He's gone from homeless single dad to successful stockbroker.

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